Qualcomm Tumbles as Inflation Shock Sparks Semiconductor Selloff
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
Uniquement les titres à fort signal — événements macro, résultats, M&A, régulation. Listicles et clickbait d'analystes filtrés par défaut. Rafraîchi toutes les heures.
Qualcomm Tumbles as Inflation Shock Sparks Semiconductor Selloff
FEATURE Intel stock and shares of other semiconductor companies were gaining early Wednesday. The chips rally looked set to resume after a blip the previous day. Intel shares were up 4% in premarket trading, while Advanced Micro Devices was rising 2.
Chip stocks got beat up after the latest inflation report. The tech-heavy Nasdaq was down 0.7%, the S&P 500 was down 0.2% while the Dow gained 56 points, or 0.1%. Notably, almost all major chip stocks were down, barring Nvidia.